Investor Visa in Dubai, UAE
The favorable business climate of one of the world’s fastest-growing economies, aided by decades of market-friendly government policies, has positioned Dubai as the regional corporate, financial, and commercial center. Dubai is a preferred destination for visitors, entrepreneurs, and investors due to its diversity, multiculturalism, and exciting business prospects while preserving a satisfying lifestyle.
Dubai welcomes and nurtures foreign investment by crafting a unique investment-driven visa procedure to lawfully stay in the UAE, allowing investors to construct a secure future for their families and enterprises. Depending on your business goals and model, you may also apply for the investor visa in Dubai, UAE of your choice. Thus, you may apply for a 3-year, 5-year, or even 10-year visa in the UAE.
What is Dubai Investor Visa?
Foreign citizens who want to start their own business or invest in an existing firm in Dubai can apply for the investor visa in Dubai, UAE also known as the Dubai Partner visa. Dubai allows the holder to live and travel freely inside the UAE for the visa period. A bearer of a investor visa in Dubai, UAE acquires a tax domicile in the UAE. It is no longer liable to taxation by its home country, subject to the restrictions of the investor’s home country.
UAE, also allows the bearer to sponsor their spouse, children, and parents for UAE entry.
There are four categories under which the investor visa in Dubai, UAE is available:
- Investment in Residential Property:
Applicable to persons who want to invest in residential property worth at least AED 1 million, with a maximum mortgage of 50% of the property’s value. If each investor’s portion of a jointly held property is valued at least AED 1 million, they are qualified to apply.
The investment must be in a single residential property, not commercial real estate. Moreover, the visa only applies to freehold residential properties; applying for investor visa in Dubai, UAE with an off-plan home is not feasible. The visa duration ranges from three to five years, and it can be renewed so long as the investor holds property in the nation.
The three-year visa is accessible to those who have acquired a property worth at least AED 1 million, while the five-year visa needs ownership of a property worth at least AED 5 million.
- Investment in the Company:
Applicable to people who want to invest in or create a business in Dubai’s mainland or one of Dubai’s free zones. Presently, the Dubai Economy offers over 2,100 business permits to launch a firm on the continent.
Establishing a business on the mainland of Dubai often requires a partner with UAE nationality, who will be the majority stakeholder or an agent responsible for liaising with Government authorities.
By removing the need for commercial businesses to have a majority Emirati shareholder or agent, recent regulatory reforms have made it possible for the first time in the country’s history for 100% foreign ownership of enterprises in Dubai’s mainland. The UAE Cabinet’s policies permit complete foreign ownership of onshore businesses engaged in specific economic activities.
This visa is awarded to investors who possess shares in an existing company worth at least AED 72,000 or are forming a firm with a capital investment of the same amount. For foreign investors, creating a business in one of Dubai’s free zones does not require local sponsors or partners; corporations are immune from taxation, and foreign citizens may hold 100% of the company. The visa application procedure may vary based on factors such as the type of business and the free zone in which it is located.
- Long-Term Residence Visa:
With this recently introduced visa, investors who satisfy certain conditions are eligible for either a 5- or 10-year residence, depending on the extent of their investment in the country. The spouse, children, manager, and one adviser of the investor may also apply.
The 10-year residency visa is available to investors who invest at least AED 10 million through a deposit in an investment fund within the country, establish a company in the UAE with a capital of at least AED 10 million, partner in an existing or new company with a share value of not less than AED 10 million, or having a total investment of AED 10 million in all of the areas as mentioned earlier.
The 5-year visa is available to investors in a property with a gross value of at least AED 5 million or to entrepreneurs with an established project with a minimum capital of AED 500,000, subject to additional countries.
Only individuals who satisfy other requirements of the General Directorate of Residency and Foreign Affairs-Dubai are granted a long-term visa. This system, for instance, gives long-term residencies to select persons with specific skills, such as scientists and innovators in the medical, scientific, research, and technical domains.
Benefits of Investor Visa in Dubai, UAE
Many advantages, such as solid rental returns among the world’s greatest, are associated with the country’s real estate investment categories. Additional benefits include the advantages of dwelling as an investor visa in Dubai, UAE strengthening the country’s status as a top destination for real estate investment and ensuring the investor a solid future. The assurance of gaining permanent residency within the category of real estate investors, in addition to many additional advantages, includes investing prospects in the UAE.
The UAE enjoys the following benefits and gifts in the investment industries in general and real estate investments in particular:
- Strategic location
- Security and social stability
- Developed infrastructure
- Diversity of the economic base
- Free zones
- Sophisticated Legal Structure
- Low inflation rates compared to other countries.
- Full ownership of companies in the free zones.
- A robust and regulated banking system.
- Low customs fees between
- Lowest corporate taxes.
Get A Investor Visa in Dubai, UAE
In 2023, the steps for acquiring a investor visa in Dubai, UAE will be clearly outlined, and the UAE’s government will rigorously regulate the requirements for all legal operations in Dubai. You should apply for one if you are confident that your business model and investment strategy fit the UAE standards.
PATELS Document Clearing Services assists you in registering for all the legal processes to ensure that acquiring a visa during your stay in the UAE is stress-free. You can work with our business professionals and allow us to help you obtain visa in Dubai, UAE!